These are strange times indeed when Greek Marxists are seeing eye-to-eye with British free marketeers, but the European Central Bank's crazy monetary policy has done just that.

While we don't support the entirety of Syriza's radical programme—for example cracking down on holiday makers or hiking the minimum wage drastically in the middle of a depression—Varoufakis's idea of linking debt to the economy is a good one.

One of the advantages of Varoufakis's plan is that it would be resistant to policy mistakes that stem from the European Central Bank (ECB). Southwood argues:

It effectively makes the debt burden impervious to the ECB's herky-jerky decisions over interest rates and quantitative easing, meaning that if the ECB drove Greece into deflation in a future crisis, this would not raise the real value of its debt and cause a sovereign debt catastrophe.

The ASI will work with anyone to achieve a richer, happier, better world—party allegiance is irrelevant—and this move could do just that.